4 Room (4A) HDB for Sale in 620A Tampines Street 61

This analytical summary presents a detailed valuation of a 4-room HDB property located in the sought-after district of Tampines, with a remaining lease of 94 years. The estimated market value of the property stands at $811,234, translating to $810 per square foot (PSF). This valuation reflects a robust market signal, indicating a 3.9% difference from the baseline, which suggests a healthy demand for HDB units in this locale.

Our analysis is bolstered by a high model confidence rating, derived from a comprehensive review of 107 recent HDB resale transactions in the vicinity. The strong performance of this property can be attributed to several market dynamics, including the enduring appeal of Tampines as a residential hub, supported by its strategic location, abundant amenities, and accessibility to public transportation. As the market continues to evolve, this valuation highlights the potential for sustained interest and investment in HDB properties, particularly those with substantial remaining leases, such as this one.